Automotive Air Intake Manifold Market To Witness Significant Growth Rate To 2026
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<strong>Automotive</strong> <strong>Air</strong> <strong>Intake</strong> <strong>Manifold</strong> <strong>Market</strong> to grow at 5.0% CAGR till <strong>2026</strong>: Global<br />
<strong>Market</strong> Insights Inc.<br />
<strong>Automotive</strong> <strong>Air</strong> <strong>Intake</strong> <strong>Manifold</strong> <strong>Market</strong> is supposed to reach close to USD 50<br />
billion by <strong>2026</strong>. Adoption of regulatory norms & standards associated with emission<br />
& fuel efficiency will positively influence the product consumption in upcoming years.<br />
The fuel economy of automobiles is hugely dependent on weight and engine<br />
efficiency. As the weight of automobiles increases, the requirement of inertia and<br />
rolling resistance increases along with it, thereby affecting overall fuel efficiency. The<br />
automobile manufacturers are obtaining weight reduction through use of lightweight<br />
alloys and plastics without compromising on consumer safety and performance.<br />
Huge savings in energy costs and cutting down of CO2 emissions can be achieved<br />
by weight reduction. These aforementioned trends will generate the need for<br />
technologically modified products and propel the automotive air intake manifold<br />
market growth in future.<br />
<strong>Automotive</strong> <strong>Air</strong> <strong>Intake</strong> <strong>Manifold</strong> <strong>Market</strong><br />
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Some major findings of the automotive air intake manifold market report include:<br />
‣ Light commercial vehicles segment will grow rapidly due to favorable trends<br />
associated with online business platforms and global logistics environment<br />
‣ <strong>Automotive</strong> air intake manifold manufacturers are using plastic based<br />
materials during production as they offer astounding weight reduction benefits<br />
‣ Passenger cars will lead the industry owing to rising spending propensity of<br />
people and supportive government policies<br />
‣ The key manufacturers in the industry are Magneti Marelli, Donaldson,<br />
ESTERLE Mold and Machine, Holley Performance, AISIN SEIKI Co., Ltd.,<br />
MIKUNI CORPORATION, MAHLE GmbH and Sogefi SpA<br />
<strong>Automotive</strong> air intake manifold may experience significant threat in future due to<br />
excessive overhead costs. Moreover, if the product gets damaged the replacement<br />
costs are considerably high, which may negatively influence the automotive air<br />
intake manifold growth within the forecast period. Continuous research and<br />
development activities in order to create new product variants with improved<br />
operational performance will aid in reducing damaging rates.<br />
<strong>Automotive</strong> air intake manifold market is segmented on the basis of vehicle, material,<br />
manifold, manufacturing process and distribution channel. Heavy commercial<br />
vehicles will clutch a revenue of more than USD 5 billion by <strong>2026</strong>. These vehicles<br />
are specifically used by logistics and transportation sector companies for logistics<br />
purposes. Magnesium will register a little less than 20% of the market share by <strong>2026</strong>.<br />
The material is widely used as it is lighter in weight than aluminum and cast iron, and<br />
offers excellent strength and superior castability.<br />
EFI manifold segment will cross USD 8 billion till the end of forecast period. This<br />
segment will grow due to self-mapping fuel technology and ease of installation.<br />
Additionally, EFI’s ability to offer accuracy, precision and effective cold starting will<br />
catapult the segment’s growth in upcoming years. Single plane manifolds will grow at<br />
a CAGR over 5% by <strong>2026</strong>. Casting process will grow popular over the coming<br />
years, generating a revenue close to USD 20 billion by <strong>2026</strong>. The method is used on<br />
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a large basis due to high production rate, dimensional accuracy, and better finishing<br />
techniques.<br />
Asia Pacific will account for close to half of the overall market, and will be the fastest<br />
growing region in the industry within the forecast period. Huge number of automotive<br />
production facilities, favorable government initiatives, and changing consumer<br />
preferences will trigger the automotive sector in upcoming years. These trends will<br />
positively influence the product sales in upcoming years.<br />
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